The escalating tensions in the Middle East have sent shockwaves across the crypto markets, causing a sharp decline in Bitcoin’s price. The token so far has struggled to reclaim the crucial $65,000 level, leaving investors to wonder if this is just a temporary correction or the beginning of a broader ... Read more
Bitwise Asset Management’s recent filing for an XRP Exchange-Traded Product (ETP) has sparked notable activity in the crypto markets, suggesting potential bullish momentum. Different from a traditional ETF, this filing represents a strategic shift to navigate regulatory challenges as XRP remains classified as a non-security. With whale transactions increasing and ... Read more
Cryptocurrency adoption in sub-Saharan Africa has been on an upward trend and was involved in 2.7% of the global transaction volume in the period between July 2023 to June 2024. While this is the lowest percentage of the global crypto economy, the region has seen a $7.5 billion increase in ... Read more
Bitcoin is currently experiencing technical weaknesses, having failed to break above the significant resistance level of $65,500. As of now, the leading cryptocurrency is trading at $61,000, with a market cap of $1.21 trillion and a trading volume of approximately $129.04 billion over the past 24 hours. This represents a ... Read more
A leading crypto on-chain sleuth has accused the infamous “HL retard” whale of the fund manipulation from the Avalanche BTC bridge. As per the sleuth’s recent analysis, the whale, also known as “2TheMoon,” has reportedly been engaging in deceptive tactics with potentially illicit funds. The investigator pointed out that inflows ... Read more
Fetch.ai (FET), along with several altcoins, experienced a notable dip following the sudden downturn in Bitcoin (BTC). The sharp BTC decline caught many investors off guard and created ripples throughout the broader crypto market. Despite the overall turbulence, FET showed resilience, holding firm at a crucial support level even as ... Read more
An analysis conducted in the recent past using Fibonacci Channel has provided potential future price levels for XRP. In a recent X post, Egrag Crypto lists possible price targets for cryptocurrency noting that XRP could see significant price action in the next couple of months. The analyst identified three potential ... Read more
A 21 year old man from Lebanon, Indiana has recently agreed to plea guilty to charges related to what has been described as a $37 million cryptocurrency theft. Evan Frederick Light pleaded guilty in front of U.S. Magistrate Judge Veronica Duffy on September 30, 2024, for his part in a ... Read more
Crypto firm Circle and MHC Digital Group are about to team up in a new endeavor aimed at extending the reach of Circle’s US Dollar Coin (USDC) to institutional investors in Australia and the broader Asia Pacific region. According to the announcement, MHC Digital will be focusing on wholesale clients ... Read more
The Australian Federal Police (AFP) has been able to confiscate $9.3 million in cryptocurrency as part of an ongoing investigation into an encrypted messaging service allegedly used by criminals. The operation was conducted by the Criminal Assets Confiscation Taskforce (CACT) and the alleged organizer of the platform known as ‘Ghost’ ... Read more
